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  1. 5 days ago · China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure ...

  2. Jun 7, 2024 · KUALA LUMPUR: TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion.

  3. 4 days ago · TikTok says it had more than half a million Shop sellers in the U.S. at the end of 2023. By the beginning of 2024, it was gunning to grow Shop tenfold in the U.S. to some $17.5 billion in sales ...

  4. Jun 7, 2024 · TikTok parent ByteDance set aside MYR10 billion ($2.13 billion) to establish Malaysia as an AI hub and boost the technology’s developments in the country, on top of an additional MYR1.5 billion investment targeting the expansion of its local data centres.

  5. Jun 10, 2024 · TikTok parent company ByteDance is expanding its data center footprint in Malaysia as it spends RM10 billion ($2.13bn) on an AI hub. Tengku Zafrul Aziz, Malaysia’s investment, trade, and industry minister, revealed the news following a meeting with Helena Lersch, the vice president of TikTok.

  6. Jun 7, 2024 · TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion.

  7. Jun 7, 2024 · ByteDance, the parent company of TikTok, is investing US$2.13 billion to establish a regional AI hub in Malaysia, further boosting the country's digital economy.

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